TGI Fridays’ ex-CEO—who introduced sushi to a restaurant chain famous for potato skins and mozzarella sticks—will step up to oversee hundreds of locations post-ban…
Ray Blanchette, who served as TGI Fridays’ CEO from 2018 to 2023, will manage more than 400 locations of the chain. TGI ...
Bisnow2d
TGI Fridays Will Sell 9 Locations To Pay Down Debt
A Mexico-based operator of restaurants at airports and cruise terminals outbid former TGI Fridays CEO Ray Blanchette by $2M.
Nation's Restaurant News6d
TGI Fridays ex-CEO returns as company works on bankruptcy
The former executive’s firm, Sugarloaf Hospitality, has bid on several of the casual-dining company’s remaining locations ...
Restaurant Business6d
TGI Fridays franchisee to acquire bankrupt restaurants for $34.5M
Cancun-based Mera Corp. outbid former Fridays’ CEO Ray Blanchette for a group of nine locations, including five at the Dallas ...
TGI Fridays was once a hot spot. Now it's dealing with bankruptcy.
TGI Fridays raised $34.5 million for repayment through its sale to restaurant operator Mera Corp., Reuters reports. Mera ...
Nation's Restaurant News5d
Mera Global outbids ex-Fridays CEO for airport locations in $34.5M auction
Mera Global LLC, a Mexico-based company, has been awarded the purchase of five TGI Fridays units at the Dallas-Fort Worth ...
TGI Friday’s Sells Dallas Airport Outlets for $34.5 Million
TGI Friday’s Inc. has struck a deal to sell its outlets in the Dallas Fort Worth International Airport and a handful of other ...
TGI Fridays sells DFW Airport restaurants for $34.5 million
North Texas-based casual restaurant chain TGI Fridays has agreed to sell its locations in the Dallas Fort Worth International ...
TGI Fridays gets bankruptcy court approval to sell 9 locations
Bankrupt restaurant chain TGI Fridays received court approval on Thursday to sell nine of its 39 corporate-owned locations, ...
Houston Chronicle6d
TGI Fridays was once a hot spot. Now it's dealing with bankruptcy.
Mera snagged the nine locations after outbidding former CEO Ray Blanchette, whose company Sugarloaf Hospitality offered $30 million for the restaurants. The sale to Mera was approved at a Dallas ...